Hi Undaunted,
Of course you are entitled to air your opinions but since you like to mention words like "balanced views" and "poor performing" then maybe you might like to be reminded of the simple fact that when Heron engaged with GCR it was on the basis of Heron funding GCR to the tune of $1.9 million in exchange for a 19.9% interest by HRR in GCR.
As a Heron shareholder looking at poor performers, surely you are not overlooking the fact that some 15 months later, the $1.9 million which was funding to drill 11 holes at Copper Hill has still not drilled anywhere near the holes that were to be drilled from the outset.
Where was this money spent? Isn't that a fair question?
So then we had SPP's and still the money was spent elsewhere when shareholders were told the money raised would be spent on drilling? Oh really? No drilling and nothing to appease shareholders. Now we can blame whoever we want but the current board seems to be dysfunctional anyway and i for one have a thing about any company that says nothing to shareholders except at the time of a crisis.
Perhaps more to HQ Mining's past and in the public domain that a search on google might give a more balanced opinion?
As for your inference that Heron is "poor performing" I will assume that your portfolio has no other bad performers? You would know full well that Heron's announcements in recent months have been excellent and of course it is disappointing to see that this is not recognised in its share price but no doubt we will see further excellent drilling results from Woodlawn and sooner or later the spike will come but hey, I am only a member of the "cheer squad".
Cheers!
Hi Undaunted, Of course you are entitled to air your opinions...
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